Ocean Endeavor Repair Completed
Harris Pye Engineering Group completed repair works during the two-stage multi-million dollar Diamond Offshore demobilization project for its semi-sub rig Ocean Endeavor from the Black Sea, which completed its contract in January 2016. The initial phase of the repair work, which started in December 2015, while the rig was offshore Constanta, Romania involved cleaning of mud, brine, base oil and skimmer tanks. Steel repairs were carried out on a main column blister.
$100M Tug Contract: Fourth Boat Delivered in South Africa
Transnet National Ports Authority (TNPA) is on track with its $100m tug building contract and celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban. The tug ā named OSPREY in honor of the fish eagle ā will serve at the Port of Saldanha. In line with maritime tradition, the duty of officially naming the vessel was carried out by Lady Sponsor, Thandeka Mabija, who earlier this month was appointed General Manager for Human Resources at TNPA.
$70 Million Loan Facility for Navios
Navios Maritime Acquisition Corporation, announced today that it has agreed to provide a $70 million secured loan facility maturing in November 2018 to Navios Maritime Holdings Inc.
Eriksen Joins Singapore's International Maritime Centre Plan
DNV GLās Group President & CEO Remi Eriksen participated in the first meeting of the Maritime and Port Authority of Singapore (MPA) advisory committee for furtherā¦
IMO Attends Key UN Migrant Summit
International Maritime Organization (IMO) is at the high-level UN Summit for Refugees and Migrants being held at the UN Headquarters in New York, United States.
Hapag-Lloyd orders 5,750 state-of-the-art Reefers
With delivery beginning in October 2016, the new order strengthens market position in the transport of temperature-sensitive goods / Tests with new refrigeration equipment and natural refrigerants.
Coal's Cost Advantage over LNG Slipping
Thermal coal has been one of the commodity success stories this year, but there is a risk that it becomes a victim of its own success by eating into its advantageā¦
Adani buys Australian Port Operator from Glencore
A unit of India's Adani Enterprises Ltd will buy the company that operates Australia's Abbot Point Coal Terminal from Glencore Plc for A$19.25 million dollars ($14.52 million)ā¦
IUMI: Containership Fires Need Study
Two recent onboard containership fires have fueled concerns from IUMI (International Union of Marine Insurance) over the challenges involved with managing these incidents at sea. "At sea, below-deck fires cannot be fought with water and so COā is used instead to displace the oxygen and extinguish the fire," said Uwe-Peter Schieder, Vice Chairman of IUMIās Loss Prevention Committee. "However, if the fire is burning within a containerā¦
Terex Floating Cranes for Open Sea Get Approval
Terex Port Solutions (TPS) has obtained design approval for Terex Gottwald Model 8 floating cranes in the G HPK 8200 B four-rope grab variant operated on the open sea.
Fugro Reduces Offshore Wind Development Down Time
A development by Fugro for its work class remotely operated vehicles (ROVs) has been utilised successfully in cable lay touchdown monitoring operations at the Rampion Offshore Wind Farm.
DP World London Gateway Adds New Shipping Service
DP World London Gateway Port has announced a new shipping service to Australia, the Mediterranean and other key markets. CMA-CGMās NEMO (North European Mediterraneanā¦
Boskalis to cut 650 jobs, 24 vessels
Royal Boskalis Westminster N.V. (Boskalis) announces that its Works Council has unanimously rendered a positive advice on the fleet rationalization plan announced early July.
Miller to Showcase Welding Solutions at International WorkBoat Show
Miller Electric Mfg. Co. is showcasing welding equipment technologies to enhance quality, productivity and cost savings in the shipbuilding industry during the Internationalā¦
American Maritime Safety Award For Foss
American Maritime Safety recognized Foss Maritime's efforts in building and maintaining a strong culture of safety by awarding the company the American Maritimeā¦
Marine Premiums Drop 10%, Could get Worse
The International Union of Marine Insurance ā unveiling its annual statistical report on the marine insurance market at todayās conference in Genova, announced globalā¦
Australian Port Sold for $7.3 bln to Consortium
A consortium of global and domestic funds, backed by investors including China Investment Corp, agreed to buy Australia's busiest port for a higher-than-expected A$9.7 billion ($7.3 billion), a sign that tough equity markets are helping fuel appetite for infrastructure. Australian leaders will also hope the deal shows they still welcome Chinese investment in infrastructure. The federal government last month blocked the sale of the country's biggest power networkā¦
NASSCO Christens 4th ECO Class Tanker
General Dynamics NASSCO Christens Fourth ECO Class ECO Product Carrier for American Petroleum Tankers. On Saturday, September 17, General Dynamics NASSCO hosted a christening ceremony for the fourth ECO Class tanker for American Petroleum Tankers (APT) under construction at the company's shipyard in San Diego. U.S. Representative Juan Vargas spoke at the ceremony, and the shipās sponsor, Mrs. Melissa DeVeau, christened the ship with the traditional break of a champagne bottle alongside the ship.
GT USA Adds Warehouse At Port Canaveral
GT USA, operators of Canaveral Cargo Terminal, has expanded its supply chain capabilities to serve shipping lines, along with domestic customers, with the addition of more than 40,000 square feet of covered storage now available at the Marlin Street Warehouse at Port Canaveral. The facility serves as a secure location for general warehousing, providing a full range of logistics services, including trucking, cross docking, storage and inventory control and last mile distribution.
Multi-purpose 9.5m Cabin RIB from ASIS Boats
A maritime Solutions Company in Dubai has just taken delivery of ASIS 9.5m Cabin RIBs for Security Patrol and Pilot Services. The multi-purpose custom built crafts will be used for Dubai International Port Operations on a daily basis. The 9.5m Rigid Inflatable Boats have a heavy duty fiberglass hull and an extra reinforced aluminium cabin superstructure. Deigned and certified under Category āBā, these RIBs have great stability and seaworthiness.